Funding you earn now, next payment 20:00 UTC+0.0125%/8hnext payment +$0.16 per $10,000 · paid last 24h +0.026%
Price spread now: GMX against Backpack−0.020%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.079%+$8 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.020%, 7d avg +0.019%
=Funding pays, the price is against you. GMX is 0.039% cheaper against Backpack than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.019%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0207 | 0.0100 | pay 0.0013% / 1h | 6m 09s | $643K | $1.1M | 20x |
| Short | GMX SUI/USD [ETH-USDC] | 1.0205 | L +0.0595% / S −0.0225% | get 0.0028% / 1h | 6m 09s | $744K | — | 100x |
Backpack SUI_USDC_PERP
GMX SUI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.23
- Price spread: −0.020% → +0.019%
- −$3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $0.33
- Costs to cover
- 0.220%
- Break-even
- 6.9 days
Slippage unknown: Backpack: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 2 min ago | 0.49 bp | 6.5 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3420% | 1h | 1.0092 | −1.127% | $41K | $42K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0456% | 1h | 1.0204 | −0.025% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0364% | 1h | 1.0201 | −0.059% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0110% | 1h | 1.0194 | −0.127% | $584K | $411K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0204 | −0.029% | $93K | $101K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0209 | +0.022% | $470K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0208 | +0.010% | $198K | $512K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0206 | −0.008% | $120K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0213 | +0.059% | $8K | $8K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0207 | +0.004% | $803K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0209 | +0.019% | $249K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0204 | −0.029% | $35K | $502K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0096% | 8h | 1.0204 | −0.029% | $44K | $390K | 20x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0205 | −0.015% | $599K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0208 | +0.014% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0204 | −0.027% | $222K | $261K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0206 | −0.010% | $151.7M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0210 | +0.027% | $105.2M | $306.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0206 | −0.010% | $41.5M | $384.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0210 | +0.029% | $96K | $249K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0191 | −0.158% | $240K | −$0 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0206 | −0.010% | $165.6M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0207 | 0.000% | $150.8M | $288.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0206 | −0.010% | $52.0M | $48.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0203 | −0.039% | $69.9M | $169.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0208 | +0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0207 | long leg | $643K | $1.1M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0211 | +0.044% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0196 | −0.105% | $166K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0202 | −0.049% | $441K | $6.9M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0199 | −0.078% | $244K | $448K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0210 | +0.029% | $107K | $811K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0216 | +0.088% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0202 | −0.049% | $7K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0199 | −0.078% | $631K | $18.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0204 | −0.029% | $11.4M | $23.8M | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0208 | +0.012% | $27K | $9K | 30x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0201 | −0.061% | $1.5M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0207 | −0.002% | $48K | $38K | 3x | as long as short |
| Hyperliquid SUI | +0.0214% | 1h | 1.0217 | +0.098% | $73.4M | $83.3M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0212 | +0.049% | $1.0M | $14.2M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0209 | +0.020% | $8.2M | $23.2M | 100x | as long as short |
| Phoenix SUI | +0.0300% | 1h | 1.0204 | −0.030% | $184K | $576K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0424% | 1h | 1.0209 | +0.022% | $6.9M | $23.8M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC]short | L +0.0595% / S −0.0225% | 1h | 1.0205 | −0.020% | $744K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0881% | 1h | 1.0215 | +0.079% | $121K | $363K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Paradex SUI-USD-PERP
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Kraken Futures PF_SUIUSD
Aftermath Perps SUIUSD